AT&T Inc. T. 2.39% Its DirectTV unit received bids to evaluate more than 15 billion satellite-TV services, including debt, as people familiar with the matter say, with the wind of the auction widely viewing the resolution. Churchill Capital Corp IV was among those who submitted bids above that level, CCIV …
Read More »House China passes delisting bill. What is it for NIO, Li Auto Toe and Expang Stock.
The size of the text NIO EP9 Autonomous Electric Vehicle. Linta Zhang / Getty Images On Wednesday, the House of Representatives unanimously passed a bill that would set the stage for listing Chinese companies on U.S. exchanges, including electric vehicle manufacturers. Expang, And Li Auto Toe. NIO (Ticker: NIO) Other …
Read More »Amazon’s fears gripped as internet retail giant shakes up pharmacy business
Amazon.com has been one of the most innovative and disorganized companies of this century, with incredible success in areas beyond historically considered its core business (book sales). Thus every ad or speculation Amazon AMZN, -0.96% Whoever enters a particular industry sends the shares of that industry into the tailspin. Investors …
Read More »Nvidia crushed earnings estimates. Its stock is slipping
The size of the text A sign has been posted in front of the Nvidia headquarters Justin Sullivan / Getty Images Nvidia returned to its roots late Wednesday when earnings were reported to have outpaced the data-center business by selling videogame chips, as the company re-established itself in a position …
Read More »Warren Buffett’s profit on Berkshire Hathaway rose 826%, but the epidemic hurt business.
Wern Run Buffett of Berkshire Hathaway Getty Images Omaha, Nab. – Warren Buffett’s organization reported a 3% increase in its third-quarter profit as the value of its investment portfolio increased, but Berkshire Hathaway said the coronavirus epidemic damaged a variety of businesses, such as the BNSF railroad. Berkshire BRKB, + …
Read More »